Ted Baker has signed a new UK agreement with franchise company Aldrich Group.
Under the new agreement, Aldrich Group plans to open a minimum of 30 stores across the UK for Ted Baker over the next ten years.
Helen Costello, Ted Baker group commercial and business development director said of the partnership: “[Aldrich Group’s] experience in operating designer stores means that they are particularly well placed to fully realise the growth opportunity in stores.
“This partnership is consistent with our capital light approach to growth and further supports our global lifestyle brand.”
Aldrich Group, which also owns and operates a number of multi-brand stores under the Robert Goddard name, is the official franchise partner for Superdry.